1010 N 5TH ST, Philadelphia, PA 19123
1010 N 5TH ST, Philadelphia, PA 19123
1010 N 5TH ST, Philadelphia, PA 19123
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Andrea Balkiewicz

Andrea Balkiewicz

+1(484) 368-1103
Listed by Max Tanenbaum • JG Real Estate LLC
$1,150,000
Est. payment /mo
3,686 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,686 sqft

Price per Sqft $311

Subdivision Northern Liberties

MLS Listing ID PAPH2647582

Style Colonial

Abv Grd Liv Area 3,686

Year Built 1920

Available Date 2026-07-20

Annual Tax Amount $10,778

Tax Year 2026

Lot Size 2,614 Sqft

Acres 0.06

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

Classic brick-front Philadelphia semi-detached row in highly sought-after Northern Liberties. Large multifamily building with separate utilities. Functional units with some updated kitchens/baths. Layout: front studio, two 1‑bed front units, and a spacious bi-level 2‑bed rear with private entrance, huge yard, and off-street parking. Formerly connected to a renovated non-conforming studio (5th unit) via internal stairs, offering conversion potential. Units feature natural gas boilers, gas water heaters, and mini-split AC. Strong neighborhood appreciation history and upside potential. Offering memorandum available upon request. Listing agent related to owner. Legally a 4‑unit property; non-conforming 5th unit (3R) tied to a separate electric meter that also serves laundry and common lights. All utilities separately metered. Unit 1 (front) — studio; Units 2 & 3 (front) — 1BR; Unit 1‑2 (rear) — bi-level 2BR with private entrance, off-street parking reserved for the rear unit only, and large yard. Unit 3R (non-conforming) — renovated studio. The rear units were previously combined via an internal staircase that could be re-exposed to re-create a tri-level 3–4BR owners suite. Listing agent related to owner. Rent roll, offering memorandum, and renovation details available upon request. Buyer to verify square footage, permits and all information. The financial information presented herein is based on seller-provided operating history and is believed to be accurate but has not been independently verified. Real estate taxes reflect the 2026 tax year. Prospective purchasers should perform their own due diligence regarding future tax assessments and operating expenses. Repairs and maintenance expenses are based on the property's 2025 operating history. Ownership has historically self-managed the property; accordingly, no third-party management expense has been included in the operating statements. Investors should underwrite an appropriate management fee based on their intended ownership and management structure. The property has been maintained as a long-term investment and features a proven rental history. Several units have been renovated over time as they became vacant, with remaining legacy units presenting an opportunity for continued value creation through future renovations and rent growth. The pro forma financials, where provided, are intended to illustrate the potential income achievable through stabilization at market rental rates and should not be construed as a guarantee of future performance. All prospective purchasers are encouraged to independently verify income, expenses, leases, taxes, and all other financial information as part of their due diligence.

Location

State PA

County Philadelphia

Area 19123 (19123)

Zoning RSA-5

Rooms

Basement Unfinished

Interior

Hot Water Natural Gas

Heating Radiator, Heat Pump(s)

Cooling Ductless/Mini-Split

Heat Source Natural Gas, Electric

Laundry Common

Exterior

Garage Spaces 1.0

Water Access N

Accessibility None

Total Parking Spaces 1

Garage N

Building

Foundation Stone

Above Ground Finished SqFt 3686

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 881006677

Ownership Fee Simple

SqFt Source 3686

Acceptable Financing Cash, Conventional, FHA, VA, Negotiable

Listing Terms Cash, Conventional, FHA, VA, Negotiable

Financing Cash,Conventional,FHA,VA,Negotiable

Special Listing Condition Standard

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Bright MLS (BMLS)

Nearby School & Business

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Andrea Balkiewicz

Andrea Balkiewicz

+1(484) 368-1103

REALTOR® | License ID: RS313316

REALTOR® License ID: RS313316

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